It is important for everyone, including young people, to save money for their future. To what extent do you agree or disagree with this statement?

Nowadays, some
people
believe that saving money for the future is essential, especially for
people
in
Change preposition
at
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young
Correct article usage
a young
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ages
Fix the agreement mistake
age
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. I firmly agree with
this
statement, since it is important to have our own
pension
funds in
golden
Correct pronoun usage
our golden
show examples
years and in terms of
skills
, money can be beneficial to be used as a resource
of
Change preposition
for
show examples
our self-improvement. First and foremost, it is important for individuals to have the resources to
fulfill
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fulfil
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their needs during their
pension
era. Once somebody
achieve
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achieves
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their golden years, there are chances that they will experience
pension
termination from their workplace.
As a result
, they may become jobless and no longer receive a regular salary to pay for their living costs. At
this
level,
people
have to ensure that they will not be
the
Correct article usage
a
show examples
financial burden for their families and relatives, especially their children, so that the younger generations can continue their lives without having to become "a sandwich generation", commonly known as those who finance both their own family and parents.
This
is why one's savings,
such
as
pension
funds, that they have been keeping since young ages, matters.
Furthermore
, in terms of self-development,
people
can always improve their
skills
when they have enough resources, particularly money. Enhancing
the
Correct article usage
apply
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knowledge is necessary for everybody.
Therefore
,
people
always have to be ready to acquire new
skills
at any time, in order to maintain their performance in their field of work.
Otherwise
, there will be no development in their career, since there are bigger chances for them to be easily replaced by
the
Correct article usage
apply
show examples
youngsters. Learning about
the
Correct article usage
apply
show examples
aratificial
Correct your spelling
artificial
intelligence (AI) tools,
for instance
, is beneficial for everyone, regardless of their
ages
Fix the agreement mistake
age
show examples
, so that they can keep up with the latest trend in
this
fast-changing world. The development of AI is one of the
thing
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things
show examples
that
people
in the past had never imagined, so their savings can help them to learn more about
such
a new trend to compete with others. In conclusion, I tend to agree that everyone should always maintain their savings since they have to ensure the source of
our
Correct pronoun usage
their
show examples
living during the
pension
area,
instead
of depending on families or relatives.
Moreover
,
people
always have to get ready to learn new
skills
required to compete with younger generations in the industry as well.
Submitted by michellyonggo on

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Topic Vocabulary:
  • financial security
  • safety net
  • unforeseen circumstances
  • emergencies
  • future investments
  • retirement planning
  • financial discipline
  • habit of saving
  • amassing wealth
  • substantial fund
  • opportunity cost
  • additional income
  • inflation
  • purchasing power
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